Viewing 15 posts - 1 through 15 (of 130 total)
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  • #24856
    cimac
    Participant
      • Topics 82
      • Replies 6956
      • Total 7038

      Happy New Year

      Never give up, never surrender.

      #24857
      cimac
      Participant
        • Topics 82
        • Replies 6956
        • Total 7038

        I start with just a small short Ftse 7132 and
        want to close at 6100 after that I will take
        a fresh look at the chart.

        In addition to that I will day trade the Dow
        as and when good entry points appear.

        Never give up, never surrender.

        #24858
        cimac
        Participant
          • Topics 82
          • Replies 6956
          • Total 7038

          Will we see new ath in 2017 ?

          A big clue will come this month but I will
          stick with What I posted in December
          which says we will.

          Big picture broad brush round numbers for the Dow

          20000 down to 17000
          17000 up to 20500
          20500 down to 14000
          14000 up to 22600

          Spx 2300 -> 1950 -> 2360 -> 1600 -> 2600

          No money back … reader beware !

          Never give up, never surrender.

          #24859
          vulture
          Participant
            • Topics 0
            • Replies 8
            • Total 8

            Happy new year to all … most markets closed this monday … so quiet opening European markets πŸ™‚

            β€œThe farther backward you look, the farther forward you can see.” -- Sir Winston Churchill.

            #24860
            vulture
            Participant
              • Topics 0
              • Replies 8
              • Total 8

              Will we see new ath in 2017 ? A big clue will come this month but I will stick with What I posted in December which says we will. Big picture broad brush round numbers for the Dow 20000 down to 17000 17000 up to 20500 20500 down to 14000 14000 up to 22600 Spx 2300 -> 1950 -> 2360 -> 1600 -> 2600 No money back … reader beware !

              Maybe this chart can help a bit .. πŸ™‚

               

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              β€œThe farther backward you look, the farther forward you can see.” -- Sir Winston Churchill.

              #24862
              houdini
              Participant
                • Topics 0
                • Replies 484
                • Total 484

                Happy new year everyone..the correction is upon us..barring a patriotic presidential rip we should be down now until march at least..started slightly earlier than most expected no?

                #24863
                Khalsa
                Moderator
                  • Topics 1069
                  • Replies 11585
                  • Total 12654

                  Happy New Year everyone.

                  Looks like more of the same. Mere mortals trading against super algorithms.

                  This is Dax this morning. It actually opened and went down initially. Then a super algo rocket. Then absolutely nothing.

                  Lets see what 2017 brings.

                  Good luck all.

                   

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                  Plan your trade, trade your plan!

                  #24865
                  cimac
                  Participant
                    • Topics 82
                    • Replies 6956
                    • Total 7038

                    Yes, that Dax drop and then a 200pt rally is a warning.

                    Never give up, never surrender.

                    #24866
                    Papillon
                    Participant
                      • Topics 0
                      • Replies 343
                      • Total 343

                      Happy new year guys and dolls. May the trading gods be with us. Β πŸ™‚

                      #24870
                      cimac
                      Participant
                        • Topics 82
                        • Replies 6956
                        • Total 7038

                        Yes, that Dax drop and then a 200pt rally is a warning.

                        No surprise that Dow spx Ftse have also been cranked up
                        as a happy new year to unprepared bears.

                        Never give up, never surrender.

                        #24871
                        cimac
                        Participant
                          • Topics 82
                          • Replies 6956
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                          Cautious until we get today done and dusted but
                          have added to Ftse short position …

                          Small short Ftse 7162

                          Never give up, never surrender.

                          #24872
                          cimac
                          Participant
                            • Topics 82
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                            Being a tidy person, if we get a lot of back and forth,
                            then I may close the 7162 and 7132 at mid point – b/e
                            and then reenter short at that point.

                            Never give up, never surrender.

                            #24874
                            cimac
                            Participant
                              • Topics 82
                              • Replies 6956
                              • Total 7038

                              Being a tidy person, if we get a lot of back and forth,
                              then I may close the 7162 and 7132 at mid point – b/e
                              and then reenter short at that point.

                              I will open my 3rd and last entry at 7170 then close 7162 7132 at 7147
                              which may take a while but I’ve not much else to do today.

                              Never give up, never surrender.

                              #24878
                              cimac
                              Participant
                                • Topics 82
                                • Replies 6956
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                                This is more complex than I bargained for
                                but the effort could reward me with a
                                entry at 7205

                                Never give up, never surrender.

                                #24879
                                cimac
                                Participant
                                  • Topics 82
                                  • Replies 6956
                                  • Total 7038

                                  Entry order to short Dow 20k

                                  Well it seemed out of reach before Dax and Ftse fireworks
                                  but now that level of entry order does not seem so silly.

                                  Never give up, never surrender.

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